Invest, Occupy or Develop Positioned at one of Brighton's most prominent corners, these two single level retail buildings are perfect for investors looking for a quality investment and for developers looking to capitalise on a booming local market.
This is one of the last corner sites not developed in Brighton which offers great future potential. In summary its key attributes are as follows:
* Charming single level building comprising two shops * Total site area: 401sqm (approx.) * Commercial 1 zoning - flexible for retail, office and residential above * Frontages to Martin Street and Asling Street totaling 47 me...
Shop And Dwelling Currently leased to popular Korean/American fusion restaurant ‘The More The Better’, this tasty offering presents a exceptional opportunity to those investors with a strong appetite for satiating their property portfolios. With a net rental return of approximately $55,000 per annum & a 5 x 5-year lease that commenced 1 April 2013, the premises comprise of a two-storey building with a shop/restaurant, commercial kitchen, restroom & a five-room dwelling that can be configured as a residence or home office set-up. A ROW car space at the rear is accessed via St Georges Road. The property enjoys a...
BRAND NEW FULLY LEASED RESTAURANT - NEXT TO CLASSIC CINEMA ELSTERNWICK Due for completion at the end of 2016, this retail tenancy is leased to the successful 48H-Pizza and Gnocchi Bar on a long term lease. The premises include a 3,000lt grease trap, ventilation and storage.
Located next to the popular Classic Cinemas and bustling Glenhuntly Road retail precinct, the development includes 48 luxury one and two bedroom apartments.
The lease commences on 1 February 2017 and extends for 5 years plus options for a further 10 years. Fixed 2.5% rent increases and good security further compliments this investment opportunity.